SWIFT Launches Blockchain Ledger Pilot with 17 Global Banks
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50 Articles
Swift Launches Blockchain Ledger as 17 Banks Prepare to Pilot Tokenized Deposit Payments
Swift, the cooperative that underpins most of the world’s cross-border bank messaging, announced Wednesday that its blockchain-based ledger is ready for initial use. Seventeen banks from six continents are lining up to pilot live transactions on it using tokenized deposits, aiming for round-the-clock payment availability. The participating banks include ANZ, BNP Paribas, BNY, Citi, DBS, First Abu Dhabi Bank, FirstRand, HSBC, Itaú Unibanco, Lloyd…
SWIFT launches blockchain ledger pilot with 17 global banks
SWIFT has moved its blockchain-based ledger into initial deployment, with 17 global banks preparing to test tokenized deposit payments for round-the-clock cross-border settlements. Announcing the development on July 9, SWIFT said HSBC, Citi, BNP Paribas, UBS, ANZ, DBS, and Standard…
Swift’s blockchain-based ledger ready for use - Asset Servicing Times
According to Swift, 17 banks from six continents are preparing to pilot live transactions, with its shared ledger providing a secure orchestration layer for bank-issued tokenised deposits on their own infrastructure
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